WESTERN COALFIELDS LIMITEDOFFICE OF THE GENERAL MANAGER (M&S)

COAL ESTATE, CIVIL LINES,NAGPUR - 440 001

NO SPONSORSHIP NO LINKAGE

GET COAL FROM COMFORTS OF YOUR HOME OR OFFICE

SPOT E-AUCTION SCHEME 2007

Spot e-Auction for Jan'2020 (2 nd Event)

Spot e-Auction for the month of Jan'2020 (2nd Event) will be conductedby M/s. mjunction Services Ltd., on 31st Jan'2020. For more information,interested buyers may log on to WCL's website www.westerncoal.in and serviceprovider M/s. Mjuction Services limited website www.coaljuction.in WCLreserves the right to modify the offer and Terms & Conditions at any time.

TERMS AND CONDITIONSFOR SPOT E-AUCTION SCHEME 2007

Western Coalfields Ltd. who are owner/seller of coal, is hereinafter referred to as "Seller" or"Principal" or "WCL" and MSTC Ltd. and mjunction Services Ltd. the Service Provider to conduct e-Auction as, "MSTC", "mjunction services ltd." respectively.

Objective :Coal distribution through e-Auction has been introduced with a view to provide access to coal for such buyers who are not able to source coal through the available institutional mechanism. In the long run it is expected that e-Auction may help in creating spot as well as future market of coal in the country.

The purpose of e-Auction is to provide equal opportunity to purchase coal through single window service to all intending Buyers.

E - Auction has been introduced to facilitate across the country wide ranging access to book coal on-line for all sections of coal Buyers enabling them to buy coal through a simple, transparent and consumer friendly system of marketing and distribution of coal.

Terms & Conditions :

With reference to para VI (4) of the e-Aution Scheme 2007' for spot E-Auction the detailed terms and conditions are given below :

1. Eligibility :1.1 Any Indian Buyer (viz. individual, partnership firm, companies etc.) can participate in e- Auction for procurement of coal.

1.2 Before the bid is accepted, the bidder shall pay in full all sums of money due to the seller in regard to any previous suppply of coal to the bidder. If there are any arrears the seller shall be entitled not to consider such bids.

2. Registration :2.1 Before participation in the e-Auction, a prospective Buyer shall be required to get

itself / himself registered with the Service Provider appointed by the CIL / CoalCompanies for the purpose, by submitting an application in the prescribed formatavailable on the Website of the respective Service Providers. The application shall bemade along with the required documents such as copy of Income Tax return (latest),PAN Number, Sales Tax / Vat Registration Certificate, SSI Registration, Trade License, ifapplicable, Passport size photograph, etc. as prescribed by the service provider.Registration can be done either online, or at any of the front offices of the serviceprovider.

2.2 After the registration, all-prospective Buyers will have an auto generated "Unique UserID" & a "password" based on which they can log in. Details of the registration processwith the service provider will be available in their respective websites. Addresses ofService Providers along with their web sites are given below :

Address,of, M/S MSTC LTD. MUMBAI.:607,Raheja Centre, Nariman Point,MUMBAI-400 021PHONE NO. 022-22886261website: www.mstcecommerce.com

Address of M/s mjunction services ltd..

Godrej Waterside, Tower-I, 3rd Floor,Plot No. 5-DP, Sector – V, Salt Lakd City, Kolkata - 700 071, Indiawebsite: www.coaljunction.in

2.3 The service provider shall issue "Photo Identity Card" to their registered bidders dulyauthenticating the identity & signature, indicating a "Unique Registration Number"allotted to them. The "Unique registration number" of the registered bidders shall becommunicated to the Coal Companies by the service provider.

2.4 Only one registration will be done against one PAN number. However, based on morethan one independent valid sales tax / VAT registration, more than one registrationagainst a PAN Number can be considered. In such cases, the details of valid sales taxregistration will be indicated in each "Photo Identity Card". In the event of one PANnumber and one sales tax / VAT registration number for a bidder having multiple unitsin one state, more than one registration will be allowed based on independent validexcise registration number or factory license for such units and the same will beindicated in each “Photo Identity Card

2.5

All registered buyers shall be required to deposit in advance non-interest bearing(EMD) at the rate of Rs. 200/- per tonne with respective service providers for all gradesof non coking coal. This may be paid upfront by way of Bank Draft / Bankers P.O. or byway of e-transfer.

This EMD shall not be specific for a particular subsidiary coal company and shall beavailable with the service provider for participation in the e-auction across thesubsidiary coal companies of CIL, as long as the required amount of EMD available inthe bidders account with the service provider. Participants shall have the option tofurnish EMD in the form of BG

3. Notification : 3.1 Quantity, grade/size and sources from where coal is to be sold through e Auction, will

be notified on websites of WCL www.westerncoal.in and on websites of ServiceProviders 7 days in advance from the date of e-Auction.

3.2 There will be separate auction for dispatches by rail and road mode. The minimumquantity for bidding would be 50 (fifty) tonnes for a source for Road mode, where as incase of Rail the minimum quantity for bidding would be 1 (one) rake. The rake size shallbe as per prevalent Railway Rules. The quantity of coal in a rake shall be as indicated inthe notice of E-auction.

3.3 The Buyer should satisfy itself / himself about the Rake fit stations / destinations fromthe Railways before participation in e-Auction by rail, Non-acceptance of theprogramme, even after the option exercised under extant Railway rules, on account ofrake-fit stations / destinations being not accepted by the Railways shall be treated as afailure of the Buyer leading to forfeiture of relatable EMD.

4. Bidding Process :4.1 The registered Bidders shall be required to record their acceptance after login, of the

Terms & Conditions of the e-Auction before participation in the actual Bidding Process.

4.2 Before participating in e-Auction, bidders are to satisfy themselves with the quality ofcoal being offered from a source.

4.3 Prospective Bidders are entitled to Bid for the quantity to the extent of amount of EMDfor which is available with the service provider in the bidder's account at the time of

Bidding.

4.4 The Buyers while bidding shall quote their "Bid price" per tonne in Indian Rupee asbase coal price on FOR/FOB colliery basis, exclusive of other charges like statutorylevies, surface transportation charges, sizing/beneficiation charges, taxes, cess,royalty, SED, & any other charges as will be applicable at the time of delivery. Thesecharges as well as freight etc. shall be on the Buyer's account.

4.5 The bidder has to bid for a price equal to or above the reserve price to secureconsideration in the concerned e-Auction.

4.6 The date, time and period of e-Auction as notified in advance including closing time onportal of service provider shall be adhered to but for the event of force majeure.However, the closing time of e-Auction will be automatically extended up to last Bidtime, plus 5 minutes, so that opportunity is given to other Bidders for making animproved Bid on that item.

4.7 The Bidder shall offer his Bid price (per tonne) in the increment of Rs.10/- (Rupees ten)during the Normal e-Auction period. During the extended period of first two (2) hours,the Bidder shall offer his Bid price in the increment of Rs.20/-. Beyond this extendedperiod of two hours the bid price increment would be Rs. 50/- (Rs.Fifty ) only.

4.8 While maintaining the secrecy of Bidder's identity, the web site shall register anddisplay on screen the lowest successful Bid price at that point of time. The system willnot allow a Bidder to Bid in excess of his entitled quantity as per his EMD. Howeveronce a Bidder is out-bided by another (in part or full) the particular Bidder shall becomeeligible for making an improved Bid.

4.9 Following criteria would be adopted in deciding the successful bidders :-

(a) Precedence will be accorded to the highest bid price in the descending order (H1, H2,H3 and so on) as long as the offered quantity is available for allocation.

(b) If two or more buyers bid the same highest price, precedence for allotment will beaccorded to the buyer who has placed the bid for the higher quantity.

(c) In case two or more buyers bid the same price and the same quantity, precedence willbe given to the buyer who has accorded his bid first with reference to time.

5. Post e-Auction process : 5.1 Each successful bidder will be intimated through e-mail / SMS by the Service Provider

on the same date after the closure of e-Auction. However, it will be the responsibility ofthe bidder to personally see and download the result displayed on website, on thesame date after close of e-Auction.

5.2 The successful bidders after the e-Auction will be required to deposit coal value withWCL, within a period of ten working days, after the date of closing of e-Auction. Tenworking days would be reckoned as applicable to WCL where the payment / deposit isrequired to be made.

5.3 Equivalent amount of EMD of successful bidder corresponding to successful bidquantity, shall be blocked and will be transferred to WCL by the service provider along-with the bid sheet in respect of successful bidders.

6. Terms of Payment :6.1 The coal value to be deposited in advance by the successful bidders shall be computed

and deposited after making provision for the EMD amount for the successful bidquantity already transferred by the service provider to WCL. In other words, the coalvalue to be deposited and EMD amount together, shall be equivalent to the 100 % coalvalue.

6.2 EMD amount shall not be treated as an adjustment towards the coal value but wouldstand converted into a 'Security Deposit' for performance of the bidders towardscompletion of the said transaction.

6.3 The above security deposit (as converted from the EMD amount) would be adjusted ascoal value, only after completion of lifting of coal covered under coal value paid,excluding security deposit. However, in the event of default in performance by thebidder, the provision of forfeiture of the 'Security Deposit' (as converted from the EMD)as stipulated, would be applicable.

6.4 In case of road supplies, once the coal value is deposited by way of demand draft /payorder, in favour of Western Coalfields Ltd, drawn on any scheduled bank, payable atNagpur along-with the debit advice issued by the bank, certifying that the DD/pay orderhas been issued, by debiting the account of the concerned Buyer, Sale/Delivery ordersshall be issued within ten days by the coal company after encashment of Buyer'sfinancial instrument.

In case of successful bidders, if the coal value is deposited for less than the allottedQuantity but not below 50% of the allotted quantity or, 50 tonne whichever is higher, WCL shall accept the payment for the said amount and forfeit the EMD for the failedquantity. However if the buyer fails to deposit the coal value for at least 50% of theallotted quantity or 50 tonnes whichever is higher then the entire EMD of the allottedquantity shall be forfeited.

6.5 However, a successful bidder whose allotted quantity is only 50 tonnes will be allowedto deposit coal value for minimum 90% i.e 45 tonnes within the stipulated period of 10days without which the amount shall not be accepted. In such event they shall bepermitted to deposit the balance fractional amount, limited to 10 % of the total coalvalue of 50 tonne, within the subsequent period of 3(three) working days. In spite ofthis, if they fail to deposit full coal value of 50 tonne (minimum bid quantity), EMD forentire 50 tonne shall be forfeited.

6.6 In case of rail borne supplies, there shall be two options available. While submittingprogram, the bidder at his option can deposit 100 % BG on the prescribed format fromthe buyers own account or else may deposit 100% amount through demand draft /payorder, drawn in favour of the concerned coal company, along with the debit advice,issued by the bank certifying that the DD/pay order has been issued by debiting theaccount of the concerned Buyer. Payment against the booking by Rail mode can alsobe made through RTGS/NEFT within the stipulated date. Particulars of Bank accountfor making payment through RTGS/NEFT in case of rail supplies are given below :

(1) Name of the Bank --- State Bank of India

(2) Branch--- Coal Estate, Nagpur

(3) Coal Sale a/c No.--- 10205966080

(4) RTGS No.-- SBIN 0009060

(5) MICR No.--- 440002023

Payments received / credited after due date will not be accepted for releasing coal. Incase of default in payment, apart from forfeiture of EMD, WCL also reserves the right todebar the defaulter from participating in forthcoming e-Auctions for such period as

decided by WCL Management.

While transmitting coal value through RTGS/NEFT, customers should ensure following :

i) Separate payment should be transmitted for each allotted quantity.

ii) As per practice in vogue, the customer while submitting the application to WCLshould also enclose Bank debit advice, self attested copy of ID Card issued by ServiceProvider and Sale Intimation Letter.

6.7 In case of Buyers who have booked their rail programme through BG, a notice fordeposition of coal value by way of DD/Pay order, will be displayed on the notice boardof the coal company, at least three working days in advance before the expected date ofoffer to the Railways for allotment. The Buyer will be accordingly required to depositDD/Pay Order along with the debit advice to the tune of BG involved in the programme,within 48 hours of such notice.

In the event of non-deposition of 100% coal value by the Bidder in terms of Clause-6.7above, the consent given against rake programme will be withdrawn by the coalcompany and EMD as per e-Auction scheme will be forfeited.

6.8 In case of Buyers who booked coal by Road mode, the payment can be made onlythrough RTGS/NEFT within the stipulated date. Payments received / credited after duedate will not be accepted for releasing coal.The procedure for making the paymentagainst the successful bids in given in Annexure-1 which is displayed along with thisnotice. The details are also available in the Notice No.NGP/WCL/S&M/RS/722 dated20.12.2016 which is available in our website. In case of default in payment, apart fromforfeiture of EMD, WCL also reserves the right to debar the defaulter from participatingin forthcoming e-Auctions for such period as decided by WCL Management.

6.9 (i) Apart from e-Auction price, successful buyers will also have to make full payment ofother statutory charges, taxes, levies like royalty, SED, CED, sales tax and surfacetransportation charges, entry tax, transit fee, Madhya Pradesh Gramin AvasanrachanaTatha Sadak Vikas Adhiniyam - 2005 etc. wherever applicable, at the prevailing rates. Incase there is any change in these charges after the closure of e-Auction but beforecompletion of lifting, changed rates will be payable for the quantity balance on the datesuch change in rates is made effective.

(a) ROYALTY :

As per the MoC's Notification No. 28019/1/2009-CA-11 (Part II) dated 10.05.2012, the rateof royalty is 14% on bid price.

(b) SED : Rs. 10.00 per tonne

(c) CLEAN ENVIRONMENT CESS : Rs. 400/- per tonne

(d) SURFACE TRANSPORTATION CHARGES (STC) : As notifed by Coal Company (WCL)time to time.

Transportation distance Rate in Rs/tonne(from pit head to loading point) 0 to 3 Kms 30.00> 3 kms upto 10 kms 67.00> 10 kms upto 20 kms 100.00> 20 kms Actual STC +10% ie 110% of Actual STC

(e) SIZING CHARGES : Sizing charges of Rs. 56/- per tonne for limiting the top size ofcoal to 250 mm by mechanical or manual means is excluded in the e-Auction Reserve

Price. The Reserve Price will however exclude Rs. 87/- per tonne in case the top size isfurther limited to smaller size i.e. 100 / 50 mm.

(f) CENTRAL EXCISE DUTY : 6.00% on the sum of Bid Price, Royalty, SED and STC.

(g) SALES TAX / VAT : VAT / Sales Tax will be charged at the rate of 5% on sum total ofprice and other charges. In case buyer desires to avail any concession against CentralSales Tax, initially buyer have to pay full sales tax and difference will be refunded onreceipt of confirmation from authority issuing concession form(s).

(h) ENTRY TAX : Entry tax, Transit Fee and "Madhya Pradesh Gramin Avsanrachana TathaSadak Vikas Adhiniyam "2005" (levied only on coal produced and depatched from themines located in Madhya Pradesh) :

(a) Transit Fee at the rate of Rs. 7/- per tonne

(b) Madhya Pradesh Gramin Avsanrachana Tatha Sadak Vikas Adhiniyam '2005 @ 5%on the e-Auction price.

(c) Entry Tax @ 3% on total amount

(i) Evacuation Facility charges : Rs 50/- per tonne.

6.9(ii). The successfull buyer shall pay any additional sum which may become payabale by theseller under any statutory provision over and above the amount claimed in the invoice. Thesuccessful bidder will also be entitled to a refund of the sum of taxes to the seller on account ofreduction, if any of the statutory levies claimed in the invoice by the seller.

7. Procedure of Coal Delivery : By Road :

7.1 Coal company shall issue Sale / Delivery Orders to the successful bidders in terms ofClause 6.4 after realisation of payment. The Buyer has to submit the option before theissue of the Sale / Delivery Order for movement of the coal "within state" or "outsidestate" and the Sale / Delivery Order would indicate the same accordingly. However, thechallan issued by the Coal Company shall indicate the destination.

7.2 The validity period to complete lifting of coal by road shall be 45 days from the date ofissue of Sale/Delivery Order. No extension of validity will be allowed in any case.

By Rail :7.3 The seniority of buyers in case of rail borne supplies shall be guided by the seniority list

as provided by the service provider based on buyer's bids.

7.4 The quantity allotted against each rake is indicative quantity only and delivery shall bemade on the basis of actual weighment by the Seller at the loading end.

7.5 The validity period for seeking allotment of rake in case of rail supplies shall be 45 daysfrom the date of issue of consent by WCL. Once the rake is allotted it shall remain validfor supply of coal as per prevailing Railway Rules.

7.6 Although loading will be the responsibility of WCL, but to avoid any complaint regardingover-loading, under loading and quality, the Buyer himself or his authorizedrepresentative may supervise loading at the loading point. The authorized representativemust carry valid authority letter along with photocopy of Identity Card issued by ServiceProvider.

7.7 Overloading & Under loading

(i) Any penal frieght overloading charged by the Railways for any consignment shall bepayable by the purchaser. However, if overloading is detecting from any particularcolliery, consistently during three (3) continuous months, on due intimation from thepurchaser to this effect, the seller undertakes to take remedial measures.

(ii) Any idle freight for under-loading below the stenciledcarrying capacity, as shown onthe wagon, for Grade A, Grade B, Steel Grade I, Steel Grade II, Washery Grade I &Wshery Grade II, Semi coking Grade I, Semi coking Grade II & Washeed Coal; below thestenciled carrying capacity, as shown on the wagon, plus two (2) tonnes for all otherGrades of coal shall be payable by the seller.

(iii) Idle freight resulting from underloading of wagon, as per point No. (ii) shall beadjusted in the bills. Idle freight reckoned as :

a) the difference between the freight charges applicable for the stenciled carryingcapacity, as shown on the wagon, less the freight payable as per actual recorded weightof coal loaded in the wagon for Grade A, Grade B, Steel Grade I, Steel Grade II, WasheryGrade I & Wshery Grade II, Semi coking Grade I, Semi coking Grade II & Washed Coal :OR

b) the difference between the freight charges applicable for the stenciled carryingcapacity, as shown on the wagon,plus two (2) tonnes less the freight payable as peractual recorded weight of coal loaded in the wagon for all other grades of coal.

7.8 The weighment at the loading end shall be final and binding for all commercialpurposes.

8. Refund of EMD for Unsuccessful bidders : In case of unsuccessful bidders, EMD shall be refunded by the Service Provider after theauction is over, on the bidder's request. However, if no such request is received theService Provider will retain the EMD for participation in e-Auction in future.

9. Forfeiture of EMD : The EMD submitted by the successful Bidders will be liable for forfeiture in the following cases :

9.1 If after completion of e-Auction, a successful bidder fails to make payment for the coalvalue including all other charges within the stipulated time, the proportionate EMDequivalent to the failed quantity shall be forfeited subject to the provisions at Clause 6.4and/or Clause 6.5 of this document, and/or,

9.2 If the successful bidders does not lift the booked quantity within the stipulated validity period, the proportionate Security Deposit @Rs. 200/- per tonne for the unlifted quantity would be forfeited.

Such forfeiture shall be made only if the balance Unlifted Quantity is equal or more than a Truck Load i.e.9 or 10 tonnes as applicable.

Such forfeiture, however, would not take place if the coal company has failed to offer fullor part of the successful bid quantity within the validity period. In such cases again, no forfeiture would take place if the balance quantity is less than a truck load/rake load.

9.3 If the Buyer cancels the order/Rake after booking, the EMD @ Rs.200/- per tonne for coalshall be forfeited for the rake/order cancelled.

10. Refund of Coal value :

The balance coal value of the unlifted quantity after the expiry of the validity period forsupply of coal and completion of required commercial formalities shall be refundedsubject to forfeiture of EMD if required, in terms of the forfeiture clause as above.

11. General Terms & Conditions : 11.1 The coal procured under e-Auction is for use within the country and Not for Export.

11.2 All terms and conditions of Scheme are subject to force majeure conditions asapplicable.

11.3 Bidders must always ensure to keep their email address valid. In any case Buyerscan not be absolved from fulfilling the responsibility of compliance of any of the termsand conditions herein including payment terms due to non-receipt of emails from theService Provider.

11.4 Bidders must be extremely careful to avoid any error in bidding (whethertypographical or otherwise) and they are fully responsible to check and rectify their bidbefore submitting their Bid into the live e-Auction floor by clicking the "Bid" button.During the auction if the incremental bid price is more than 50% of the immediatepreceding bid price, then the system will seek a re-confirmation from the Bidder beforethe bid is registered.

11.5 There is no provision for bidding in decimals. The Bidder shall be solelyresponsible for all consequences arising out of the bid submitted by him (including anywrongful bidding by him) and no complaint /representation will be entertained by theService Provider/WCL in this regard.

11.6 The decision of the Director-In-Charge of Marketing of CIL / WCL in matters relatedto this e-Auction shall be final and binding on the bidders / Buyers.

11.7 Quantity mentioned in notice are only indicative and may undergo a changedepending on factors like actual production of coal, bottlenecks in coal transportationetc.

11.8 There will not be any joint/ third party sampling facility extended to any buyer.Refusal on account of non-suitability and /or sub-standard quality for the allottedquantity of coal shall not be acceptable.

11.9 WCL / Service Provider reserve the right to cancel the sale of coal under this e-Auction from any source / location in part or whole at any stage at its sole discretionwithout assigning any reason thereof and no party shall have any right whatsoever toraise any claim in that regard on that count.

11.10 CIL/WCL reserves their rights to amend/modify and revise the terms andconditions contained herein in full or in part at any point of time and no party shall haveany right whatsoever to raise any claim in that regard on that count.

11.11 While the sale under e-Auction is independent both parties shall be entitled toclaim and recover from the other any excess or differential tax and statutory levis asprovided in clause 6.9 at any time within a period of 3 years from the date on which thesum becomes recoverable. Both parties shall have a lien on any sums of moneybelonging to the other, which may come to their possession or control to the extent ofthe sum recoverable from the other.

11.12 In the event of any dispute, Bidder / Buyer is necessarily required to represent inwriting to the General Manager (Marketing & Sales) WCL, who would deal with the samein a period of one month from such representation. Thereafter, if required the matter bedetermined by the Director-In-Charge of Marketing WCL. Any interpretation of any clause

of this will be subject to clarification by CIL, which will be deemed as firm and final. Alldisputes arising out of this scheme, or in relation thereto in any form whatsoever shallbe dealt exclusively by way of arbitration in terms of the Arbitration and Conciliation Act,1996. The arbitration shall be conducted at Calcutta at a place to be notified by CIL. Thearbitrator shall be appointed by the Chairman and Managing Director, CIL upon writtenrequest in this behalf. The award rendered by the Arbitrator shall be final and binding onthe parties. (The place of arbitration & nomination of arbitrator be varied appropriately inview of the Coal Company involved)".

GENERAL MANAGER (M&S),COAL ESTATE, CIVIL LINES,NAGPUR-440 001PHONE NO. 2511121 PBX-0712-2511381 (Extension 5641),website : www.westerncoal.in

AREAWISE UNITWISE OFFETR FOR SPOT AUCTION TO BE HELD ON 31.01.2020 BY M/S MJUNCTION SERVICE LTD

StateArea Lot No Mines Size GRADE CODE MODE Quantity (te)

MAHARASHTRA BALLARPUR 1 3604 SASTI UG G7G8 MIX G7G8M ROAD 10,000 3576

BALLARPUR 2 3612 GOURI EXP OC G9G10MIX G9G10M ROAD 10,000 2523

MAHARASHTRA BALLARPUR 3 3605 SASTI EXPANSION OC G8G10MIX G8G10M ROAD 20,000 3000

MAHARASHTRA WANI 4 4310 NILJAI OC G8G10MSM ROAD 100000 3371

MAHARASHTRA BALLARPUR 5 3619 POUNI OC II EXP G8G10MSM ROAD 50,000 3000MAHARASHTRA CHANDRAPUR 6 3123 PADMAPUR OC G8G9 MIX G8G9M ROAD 20000 3064

MAHARASHTRA CHANDRAPUR 7 3120 DRC UG 4 G8G9 MIX G8G9M ROAD 7,000 3064

MAHARASHTRA NAGPUR 8 3205 SILEWARA UG G8 STEAM G8_1N ROAD 2,500 3331

MAHARASHTRA NAGPUR 9 3223 SAONER MINE NO. III G8 STEAM G8_1N ROAD 5,000 3331

MAHARASHTRA NAGPUR 10 3283 G10G11 MIX G10G11M ROAD 10,000 2314

MAHARASHTRA NAGPUR 11 3225 G10G11 MIX G10G11M ROAD 10,000 2314

MAHARASHTRA NAGPUR 12 3212 GONDEGAON OC G10G11MSM ROAD 55,000 2733MAHARASHTRA UMRER 13 4501 UMRER OC G8G9 MIX G8G9M ROAD 30000 3089

MADHYA PRADESH PENCH 14 3333 NEW SETHIA OC G7G9 MIX G7G9M ROAD 10,000 3385

MADHYA PRADESH PENCH 15 3341 NEHARIYA UG G7 STEAM G7_1N ROAD 8,000 3771

MADHYA PRADESH PENCH 16 3327 MATHANI UG G7 STEAM G7_1N ROAD 4,000 3771

MADHYA PRADESH KANHAN 17 3413 TANDSI UG WG_IV MIX WG_IV MIX ROAD 20,000 3353

MADHYA PRADESH KANHAN 18 3457 MOHAN QUARRY G9G9MIX G9G9M ROAD 21,000 2587

MADHYA PRADESH PATHERKHERA 19 3508 CHATTARPUR-II G8 STEAM G8_1N ROAD 1,500 3396

MADHYA PRADESH PATHERKHERA 20 3509 TAWA – II G6 STEAM G6 _1N ROAD 6,000 4055

TOTAL 400,000

Last date of making payment by the successful bidders towards coal value for the Spot e-Auction date 31.01.2020 will be 12.02.2020

## Bidders are requested to update their Bank details with coal company before making payment through ICICI Bank.

MINE CODE

Reserve Price

G8G10 MINE SPECIFIC MIXG8G10 MINE SPECIFIC MIX

KAMPTEE CONVERSIONINDER CONVERSION TO OC

G10G11 MINE SPECIFIC MIX

NOTE : I) e-Auction Reserve Price is exclusive of other charges like Statutory levies,Surface Transportation Charges,Crushing/sizing charges,taxes, cess, royalty, SED & any other charges. These charges are payable extra at the rates as applicable at the time of delivery. All add-ons are subject to revision as per clause 6.9 of terms and conditions of Spot e-Auction Scheme- 2007. II) Modalities in case of Price Revision of coal offered is as per Annexure-II

Annexure-1

System for making payment for issue of Delivery Orders towards thequantity secured in the spot e-Auction by Road Mode

The system of making payment for issue of Delivery Orders towards thequantities secured by the customers under Spot e-Auction Scheme for supplies by'Road' mode shall be as under:

1. The payment for issue of Delivery Orders against the successful bid has to beremitted only through RTGS or NEFT. No other modes of payments shall beaccepted.

2. Separate payment through RTGS/NEFT has to be made against each successfulbid i.e., each payment can be linked only to one Unique Bid ID. The customersare advised to be careful not to remit single payment against more than onesuccessful bid (i.e., against more than one Unique Bid ID). To know the 'AsDelivered Price' of the bidded quantity of coal against each Unique Bid ID, thecustomers may use the Rate Calculator provided in our website.(http://www.westerncoal.in/sales_cal/)

3. The details of bank account of WCL to which the payments are to be remittedis given below :

(a) Beneficiary Name : Western Coalfields Limited(b) Beneficiary IFSC Code : ICIC0000104(c) Mode of Payment : RTGS / NEFT(d) Beneficiary Account No.: (Please choose one of the 3 options given below)

i) In case of successful bids in the events of auction held through M/s mjunctionservices limited:

In case of movementwithin the State(i.e., for movement todestinations within the State inwhich the Colliery is situated)

WJSW, followed by the 9 digit Unique Bid ID. For instance, if the Unique bid ID is '123498765', then the Beneficiary Account for remittance shall be “WJSW123498765”

In case of movementoutside the State(i.e., for movement todestinations outside the Statein which the Colliery is situated)

WJSO, followed by the 9 digit Unique Bid ID. For instance, if the Unique bid ID is '123498765', then the Beneficiary Account for remittance shall be “WJSO123498765”

If coal is for own consumption and payment of TCS is exempted upon submission of Form No. 27C

WJSD, followed by the 9 digit Unique Bid ID. For instance, if the Unique bid ID is '123498765', then the Beneficiary Account for remittance shall be “WJSD123498765”

…..2

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ii) In case of successful bids in the events of auction held through M/s MSTCLimited:

In case of movementwithin the State(i.e., for movement within theState in which the Colliery issituated)

WTSW, followed by the 7 digit Unique Bid ID. For instance, if the Unique bid ID is '1234765', then the Beneficiary Account for remittance shall be “WTSW1234765”

In case of movementoutside the State(i.e., for movement outside theState in which the Colliery issituated)

WTSO, followed by the 7 digit Unique Bid ID. For instance, if the Unique bid ID is '1234765', then the Beneficiary Account for remittance shall be “WTSO1234765”

If coal is for own consumption and payment of TCS is exempted upon submission of Form No. 27C

WTSD, followed by the 7 digit Unique Bid ID. For instance, if the Unique bid ID is '1234765', then the Beneficiary Account for remittance shall be “WTSD1234765”

4. The payments so made by using the Beneficiary Account No. as stated aboveshall be validated in case of those customers who had already registered theirBank Account details with WCL in terms of our earlier NoticeNo.NGP/WCL/S&M/RS/258 dated 25.6.2016 and Money Receipts against thesuccessful payments shall be sent by our banker i.e., M/s ICICI Bank on thesame day to the email ID of the customer registered with the Service Provider,ie., M/s MSTC Ltd. or M/s mjunction services ltd., as the case may be. NoMoney Receipt shall be issued in respect of such payments that cannot bevalidated due to non-registration of the bank account details with WCL and/orin case of payments made using an incorrect Beneficiary Account No. Therefore,the successful bidders should ensure that their bank account details areregistered with WCL before remitting the payment.

5. Customers act of depositing the payment for issue of Delivery Order against thesuccessful quantity (which is identified by the Unique Bid ID) by using thecorrect Beneficiary Account No. as stated above, shall be treated as theapplication for release of coal and no separate application need to be submittedto WCL.

6. The case of payment received that is sufficient for release the entire bidquantity against the Unique Bid ID shall be processed for issue of DeliveryOrder. In case the payment made by the customer is found to be insufficient forissue of Delivery Order for the entire bid quantity against the Unique Bid ID, thecustomer shall be given the opportunity to pay the differential amount,provided such amount is remitted within the due date and such cases shall betaken up for issue of Delivery Order after the expiry of the due date notified forpayment.

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7. The Delivery Order shall be generated in hard copy as at present and the sameneed to be collected by the customers from this office. Intimation about availability of the D.O for collection from this office shall be sent to thecustomer' email ID as registered with the Service Provider, along with the softcopy of the D.O in PDF format. The soft copy of the D.O so forwarded shall onlybe for the information of the customers. The delivery of coal from the collieriesshall be permitted by our Area Office only upon submission of the hard copy ofthe D.O issued by this office, as at present.

8. The customers are advised to be careful while indicating the BeneficiaryAccount No., at the time of remittance of the payment as the codes contained inBeneficiary Account No. shall form the basis as to whether the Delivery Orderissued shall be valid for movement of coal within the State or Outside the Stateor it shall be issued by mentioning a specific destination.

9. The payments made under the system can be validated only after the datarelated to the successful bids are uploaded in the system of the Bank. Anypayment made before the data is uploaded in the system of the Bank cannot bevalidated. Therefore, the customers are advised not to remit the paymentagainst the successful bids on the very day of the event of the auction. Thepayments be remitted only after 1.00 P.M. of the working day following the dateof the auction to avoid the risk of non validation of payments.

10. As already advised vide our Notice No.NGP/WCL/S&M/RS/285 dated 6.7.2016,the customer desiring to use the secured coal only for self consumption andseeking to avail exemption from payment of TCS are requested to register withthis office the destination to be mentioned in the Delivery Order, along withForm No.27C which shall be valid for the entire financial year of 2016-17.

11. In case of other customers, the Delivery Orders shall be issued by eithermentioning “Within State” or “Outside State” and the choice of destination hasto be made by the customers at the Areas while lifting the coal.

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ANNEXURE- II

Modalities in case of Price Revision of Coal offered under Spot e-Auction by WCL

Inter-alia in the terms and conditions of SPOT E-AUCTION SCHEME 2007, theadditional modalities in case price revision may be read as under:

“ Auction shall be conducted on the floor price i.e, reserve price for each source/lot. Bidprice shall be expressed in terms of percentage premium over notified price on the dateof bidding. Percentage premium will remain constant throughout lifting period of theparticular spot e-Auction. Bid price shall be subject to revision with the changes innotified price of coal, if any. Revised bid price shall be calculated by adding percentagepremium over the revised notified price prevailing on the date of supply. Change in bidprice shall only be upward in nature i.e, only upward notified price revision shall beconsidered. In case of downward revision of notified price, the bid price at the date ofbidding shall prevail at the time of supply”

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